Payar and FundThrough have teamed up because we understand how hard it can be to maintain a healthy level of cash flow in the construction industry. See how Payar can help improve your cash flow today.
We will pay your original invoice amount less 2% as a one-time fee within 30 days.
After paying you out we get paid back on the original contract terms.
Payar is a transactional service, you can get paid out on as many invoices as you'd like.
Once you're paid out you're done. Your books are settled and we carry the receivable.
Get paid for the work you've done instead of using credit, factoring, or invoice financing.
Just a single early pay discount that you choose instead of ongoing borrow fees and interest payments.
Set your own terms on payout timelines that make sense to your businesses needs.
Upload an invoice to get started.
Upload an invoice to get started.
Included is a nominal rate for comparison, but you choose your own terms on every early pay request.
Payar | Typical Factor Rate via Fundera | Factoring via FundThrough | |
---|---|---|---|
Nominal Rate | 3.14% One-time | 9% Monthly | 8% Monthly |
Factoring Fee | 5% | 6% | |
Interest Rate | 1% per week | 0.5% per week | |
Repayment Penalty | 1.25% - 1.5% per additional 15-days |
||
Effective Interest Rate | 3.14% | 43.14% | 37.57% |
Effective Fee (e.g. per $30K Funding Request) |
$942 | $12,942 | $11,271 |
Get paid for the work you've done instead of using credit, factoring, or invoice financing.
Just a single discount that you choose instead of ongoing borrow fees and interest payments.
Set your own terms on payout timelines that make sense to your businesses needs.
Or upload an invoice below to get started.
Get paid for the work you've done instead of using credit, factoring, or invoice financing.
Just a single early pay discount that you choose instead of ongoing borrow fees and interest payments.
Set your own terms on payout timelines that make sense to your businesses needs.
Drag an invoice below to get started.